Tag: Business Africa

Australia Secures $1.8 Billion Defence Export Deal With Canada for Advanced Radar System

Australia has secured a landmark A$1.8 billion ($1.8 billion) defence export agreement with Canada for the supply of an advanced over-the-horizon radar system, marking...

Porsche Pursues New Cost-Cutting Deal as Automaker Prioritizes Profitability Over Volume

Porsche AG is preparing a new cost-cutting agreement with employees as the luxury carmaker seeks to strengthen profitability amid weaker demand, declining sales in...

Ghana Pushes for Greater Local Control of Gold Fields’ Largest Mine to Boost Mining Revenue

Ghana is seeking to increase local ownership and participation in Gold Fields’ Tarkwa Mine, the country’s largest gold-producing operation, as part of a broader...

Keyamo, Oduwole Launch RwandAir Cargo Route to Boost Nigeria’s Trade With East and Southern Africa

Nigeria has officially launched a new RwandAir cargo corridor connecting the country to key markets in East and Southern Africa, a move expected to...

ZCCM Says CopperTech IPO Could Accelerate $2.7 Billion Expansion of Zambia Copper Mine

Zambia’s state-backed mining investment company ZCCM Investments Holdings (ZCCM-IH) says a planned initial public offering (IPO) of CopperTech Limited could accelerate a $2.7 billion...

Absa Moves to Increase Kenya Stake Through $238 Million Tender Offer

Absa Group has launched a $238 million tender offer to increase its ownership in Absa Bank Kenya, underscoring the South African lender’s growing confidence...

Popular articles